Unconventional Policies and Exchange Rate Dynamics is popular PDF and ePub book, written by Gustavo Adler in 2017-11-13, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Unconventional Policies and Exchange Rate Dynamics can be Read Online from any device for your convenience.
Unconventional Policies and Exchange Rate Dynamics Book PDF Summary
We study exchange rate dynamics under cooperative and self-oriented policies in a two-country DSGE model with unconventional monetary and exchange rate policies. The cooperative solution features a large exchange rate adjustment that cushions the impact of negative shocks and a moderate use of unconventional policy instruments. Self-oriented policies (Nash equilibrium), however, entail limited exchange rate movements and an aggressive use of unconventional policies in both countries. Our results highlight the role of international policy cooperation in allowing the exchange rate to play the traditional role of shock absorber.
Detail Book of Unconventional Policies and Exchange Rate Dynamics PDF
- Author : Gustavo Adler
- Release : 13 November 2017
- Publisher : International Monetary Fund
- ISBN : 9781484328774
- Genre : Business & Economics
- Total Page : 38 pages
- Language : English
- PDF File Size : 15,9 Mb
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